Category Archives: Economic crisis

The Global Financial Crisis and the Indian Financial Sector What Have We Learnt and How Have We Responded?

by Subbarao (Address by Dr. Duvvuri Subbarao, Governor, Reserve Bank of India at the 7th International Banking & Finance Conference 2013 organized by the Indian Merchants’ Chamber at Mumbai on June 5, 2013) Even as the crisis is not yet … Continue reading

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Inflation targeting at the crossroads: Evidence from post-communist economies during the crisis

by Marjan Petreski MPRA Paper no.47018, May 2013 The objective of this paper is to assess if inflation targeting post-communist economies performed better, in terms of output growth, during the crisis than their non-inflation targeting counterparts. The paper also puts … Continue reading

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India’s Dream Run, 2003-08:Understanding the Boom and Its Aftermath

by R. Nagaraj Economic and Political Weekly, May 18, 2013 From 2003, the Indian economy enjoyed a boom in growth for five years. The economy grew at a rate close to 9% per year, until it was punctured by the … Continue reading

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Approach to regulation and supervision in the post crisis world

by Anand Sinha (Keynote address by Shri Anand Sinha, Deputy Governor, Reserve Bank of India at the program ‘Supervisory Effectiveness in the Post Crisis World’ organized by Centre for Advanced Financial Research and Learning (CAFRAL) at Mumbai on February 4, … Continue reading

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Economics, Politics and Democracy in the Ageof Credit-Rating Capitalism

by Srinivas Raghavendra Economic and Political  Weekly, February 2, 2013 Unlike in earlier major economic crises, the current turmoil in the global economy has seen the consolidation of orthodoxy as the dominant paradigm. This essay traces the political economy of … Continue reading

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From a Centralized to a Decentralized GlobalEconomic Architecture: An Overview

by Pradumna B Rana ADBI Working Paper no.401, January 2013 his paper argues that calls for a New Bretton Woods system in the aftermath of the global economic crisis—similar to the remarkable 1944 Bretton Woods conference that led to the … Continue reading

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Unearned and Unshared Prosperity are Unsustainable

by V K Sharma (Keynote Address delivered by Shri V.K. Sharma, Executive Director, Reserve Bank of India, on 30th November, 2012, at International Leadership Symposium on “Rethinking Capitalism and Globalization” organized by World Forum for Ethics in Business in partnership … Continue reading

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Marx’s theory of crisis in the context of nancialization. analytical insights onthe current crisis

by Nikos Stravelakis MPRA Paper No.39458, June 2012 In the context of the current crisis a vigorous debate is taking place with regard to its’ cause . A debate which has important policy implications in the sense that it justifies … Continue reading

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How Can Asia Respond to Global Economic Crisis and Transformation?

Published by Asian development Bank,  May 2012 This monograph aims to stimulate debate on the measures available to policymakers to dampen the effects of any abrupt economic shocks should recovery in the United States fail to gain traction or if … Continue reading

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The Great Depression and the Great Recession: What Have We Learnt?

by Prof. Michael D Bordo (Speech by Prof.Michael D Bordo, at 4th pR Brahmananda Memorial Lecture in Mumbai, April 9, 2012) URL: http://rbidocs.rbi.org.in/rdocs/Speeches/PDFs/RBIL09042012.pdf Courtesy:RBI

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